Overview of Sharjah Airport International Freezone (SAIF)
Sharjah Airport Free Zone (SAIF Zone), which was founded in 1996 and is located near to Sharjah International Airport, is one of the most reputable and well-established Freezone in the UAE. Dubai International Airport is around 20 minutes away from SAIF Zone.
Sharjah Airport International Free Zone is a perfect location for all types of organisations that demand a quick, efficient, and trouble-free working environment in Sharjah, UAE. It offers state-of-the-art facilities such as air-conditioned and furnished executive suites with reception, pre-built warehouses in four sizes with adjacent office space, lease land for unrestricted private development, bunkers, container parking area, and temporary storage space, as well as bunkers, container parking area, and temporary storage space. The Zone has facilities for manufacturing, assembly, packaging, import, re-export, trading, and value-added industries.
Sharjah is quickly establishing itself as an ideal location for company formation and a key commercial centre in the United Arab Emirates. The Mainland and the Free Zone are the two most common options for company formation. Global investors like Sharjah Freezone company formation because it offers a variety of economical and cost-effective packages for easily establishing a business in the region.
Company Formation in Sharjah Free Zone is an appealing option for investors due to its strategic position, accessibility to a decent transportation network, and a diverse range of options. Based on their business needs and budget, investors may choose from a variety of Company Setup Packages.
Features of Starting Business in SAIF
Doing business in Sharjah and the SAIF-Zone has specific advantages. Sharjah, which has a trading history reaching back to the early 1800s, now accounts for more than 40% of all industrial activity in the UAE.
The Sharjah Ports and Free Zone, the Sharjah Chamber of Commerce, and the Sharjah Government are all proactive and business-savvy organisations dedicated to assisting aspiring entrepreneurs. The cost of starting a business in Sharjah is lower than in any other UAE emirate, and the focus on industrialisation has transformed Sharjah into a commercial hub with a 12 percent annual growth rate in recent years.
In addition to tax-free operations and a lack of red tape, the SAIF-Zone provides investors with unrivalled trade advantages and benefits:
- The company is entirely owned by foreigners.
- Capital and profits are fully repatriated.
- Income and corporation taxes are completely excluded.
- Within 24 hours, a licence was issued.
- On-site labour accommodations are available.
- All employees require sponsorship and visas.
- Customers numbering in the billions The setting is ideal.
- For equipment and labour, there is a 24-hour hotline.
- Excellent air, land, and sea links provide global and regional communications.
- Procedures have been simplified.
- The Sharjah Chamber of Commerce and Industry and the Sharjah Expo provide backup services.
- Fee, property, and management structures are all competitive.
- Operations are available 24 hours a day, 7 days a week.
- There are no restrictions on hiring 100 percent expatriate staff, among other things.
Types of Licenses Provided in SAIF
Commercial License
Trade License
Import, Export, Distribution, Consolidation, Storage, or Warehousing of items specified in the licence, with a maximum limit of three comparable product lines.
General Trade License
A commercial licence that allows a broad number of items can be obtained for General Trading.
Service License
The holder of a service licence is only allowed to perform the services specified in the licence. Unless the Federal or local authorities specify otherwise, all forms of services are permitted.
Industrial License
Importing raw materials, manufacturing, processing, assembling, packaging, and exporting the finished product all require an industrial licence.
Why one should Start a business in SAIF?
Because it is the first Airport Industrial Free Trade Zone in the UAE, SAIF is the best place to start your business. Seaports in the Gulf of Oman (Port Khor Fakkan) and the Arabian Gulf are both easily accessible (Port Khalid). SAIF ZONE, which is now the primary freight centre, is adjacent to Sharjah International Airport. Sharjah Airport International Free Zone, the world's first ISO 9001 accredited Airport Free Zone, offers highly developed infrastructure and incredibly lucrative incentives, making the businessman's dream come true.
With access to more than 2 billion people within a four-hour flight, SAIF-Zone has one of the world's largest client bases from a single central location. As one of the most dynamic Emirates in the UAE, Sharjah accounts for over a third of the country's industrial activity.
Warehouses, storage areas, container parking, bunkers, and labour housing are all available at the best possible prices and in the best possible condition. SAIF-ZONE provides an infinite workforce to assist your business, as well as sponsorship and visas for in-house employees to ensure a smooth transition to a new workplace.
Because of these choices, SAIF-ZONEs are home to some of the world's most prestigious enterprises operating in the Middle East, with the extra personal, business, and competitive benefit of 100% foreign ownership, 100% repatriation of cash and earnings, and 100% unfettered fund transfers.
How Dhanguard will help you?
SAIF is becoming more appealing in light of the UAE government's recent substance regulations. For a more than fair cost, you can get a firm with office space here.
Our team of skilled specialists is dedicated to providing you with the best business formation in Dubai solutions.
We welcome your questions, comments, and recommendations that will help us provide better service to you. Call us today to learn more about forming a company in a Free Zone!
